Current Vacancies

The Director of Finance acts as the Chief Finance Officer and is responsible for the strategic and operational leadership of financial management, ensuring the organisation’s long-term financial sustainability including financial controls, reporting, budgeting and management processes and systems, while enabling investment in improved community health outcomes.

The Chief Finance Officer is an accountable officer under the Financial Management Act and is responsible for ensuring public resources are managed efficiently, effectively, and in accordance with legislative and policy requirements. The role supports the Board in discharging its fiduciary duties, ensuring financial decisions are transparent, defensible, and aligned to organisational strategy and community expectations. The role ensures full compliance with Victorian public sector financial governance, aged care prudential requirements, and broader regulatory frameworks, while providing high-quality financial advice to the Board and Executive.

Essential:

• Demonstrated executive leadership in financial management within a complex health or public sector environment.
• Deep knowledge of Victorian public sector financial governance, including the Financial Management Act and Standing Directions.
• Experience with aged care financial and prudential compliance requirements.
• Proven ability to lead financial strategy, budgeting, and performance improvement.
• Strong governance, risk management, and internal control expertise.
• Demonstrated commitment to professional ethics, integrity, and continuous improvement.
• Current Police Check.

Desirable:

• Experience in a Multi-Purpose Service (MPS) or rural health setting.
• Familiarity with Commonwealth and State health funding models.
• Experience in health service reform, network governance, or service integration.

Financial Strategy and Performance

• Lead development and execution of a financial strategy aligned to MTHCS strategic priorities, including optimal deployment of cash reserves.
• Provide forward-looking financial modelling, scenario analysis, and sustainability planning across acute, aged care, and community services.
• Drive financial performance through cost centre accountability, revenue optimisation, and service viability analysis.

Financial Management and Reporting

• Oversee preparation of annual budgets, forecasts, and monthly financial reports for Executive and Board.
• Ensure accuracy, integrity, and timeliness of financial statements in accordance with applicable standards.
• Maintain robust internal controls, ensuring effective management of expenditure, revenue, assets, and liabilities.

Governance and Compliance

• Ensure compliance with Aged Care Quality and Safety Commission prudential standards, including:
  • Financial Management Act 1994 (Vic) and Standing Directions of the Minister for Finance
  • Health Services Act 1988 (Vic) (including MPS provisions)
  • Aged Care Act 2024 and associated Rules (including prudential standards)
  • Australian Accounting Standards (AASB)
  • Victorian Department of Health financial policies and reporting requirements
  • Lead preparation of statutory financial reports, including annual financial statements and audit processes.
  • Support Board and Finance, Audit and Risk Committee in fulfilling fiduciary and governance obligations.

Aged Care Prudential and Financial Compliance

• Ensure compliance with:
  • Liquidity requirements (Minimum Liquidity Amount)
  • Annual Prudential Compliance Statement (ACPS)
  • Refundable Accommodation Deposit (RAD) management
• Maintain systems for financial transparency and disclosure to residents and regulators.
• Monitor financial risks specific to residential aged care operations.

Risk Management and Internal Control

• Identify, assess, and manage financial risks, including liquidity, revenue volatility, and funding reform impacts.
• Maintain an effective internal control environment aligned with audit requirements and better practice frameworks.
• Contribute to organisational risk register and ensure financial risks are actively monitored and mitigated.

Funding, Reform and Commercial Activities

• Lead funding strategy across:
  • Activity Based Funding (ABF)
  • Multi-Purpose Service (MPS) funding
  • Commonwealth aged care funding
  • Community and grant-based programs
• Provide financial leadership in health system reform initiatives, including network arrangements and service redesign.
• Identify and evaluate commercial opportunities and partnerships to diversify revenue streams.

Digital, Systems and Data Governance

• Oversee financial systems, ensuring data integrity, reporting capability, and integration with clinical and operational systems.
• Support development of dashboards and performance reporting to enhance decision-making.
• Ensure compliance with data governance and privacy requirements relating to financial information.

Leadership and Capability Development

• Lead and develop the finance function to build capability in financial literacy across the organisation.
• Support managers to effectively manage cost centres, budgets, and financial performance.
• Foster a culture of accountability, transparency, and continuous improvement.